Ethereum Blocks Were Relayed by Flashbots

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In October as the Ethereum network gears up for its highly anticipated hard fork. 

Image Credit: Google 

Centralization fears are mounting after it was revealed that over 80% of all Ethereum blocks were relayed by Flashbots in October.

Image Credit: Google 

Flashbots is a private, centralized network of high-powered nodes that has been accused of being a major contributor to the recent rise in network congestion and transaction fees.

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The news comes as the Ethereum community is debating whether or not to fork the network in order to increase the block size and improve scalability. 

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Some members of the community have raised concerns that a fork would centralize power within the hands of a few big miners and node operators.

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The data was revealed in a recent blog post by Parity Technologies, which is one of the largest Ethereum clients. 

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According to the post, over 80% of all blocks were relayed by Flashbots in October.

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And the network has become increasingly centralized over the past few months.

Image Credit: Google 
Image Credit: Google 

The blog post goes on to say that the high percentage of blocks being relayed by Flashbots is "worrying" 

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That it could lead to a "potential 51% attack.

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"A 51% attack is when a miner or group of miners control more than half of the network's hash rate.

Image Credit: Google 

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